Forex Expert Advisor - MacdPatternTraderv_patternA

Forex Expert Advisor – MacdPatternTraderv_patternA

  1. Time Period: H4;
  2. Instrument: EURUSD;
  3. Volume: 1 lot
  4. Indicators: EMA7, EMA21, EMA359, SMA89. MACD 5.13,11.

Buy signal Robot MacdPatternTraderv_patternA

  1. The MACD histogram should take a value below -0.0045;
  2. After the formation of a maximum below -0.0045, the histogram should rise above -0.0045 and form a minimum after which you need to buy;
  3. The stop order is placed 10 points below the last local minimum;
  4. The first target for 30% of the position is closed when the price is above the 21-period exponential average;
  5. The second target for half of the positions is closed when the price reaches the value between 89 period simple moving average and 365 period exponential average.
  6. The third target for the remaining volume of positions is closed when the price reaches the price support level.

Sell signal Robot MacdPatternTraderv_patternA

  1. The MACD histogram should take a value above 0.0045;
  2. After the formation of a maximum above 0.0045, the histogram should fall below 0.0045 and form a maximum after which it is necessary to sell;
  3. The stop order is placed 10 points above the last local maximum;
  4. The first target for 30% of the position is closed when the price is below the 21-period exponential average;
  5. The second target for half of the positions is closed when the price reaches the value between 89 period simple moving average and 365 period exponential average.
  6. The third target for the remaining volume of positions is closed when the price reaches the level of price resistance.

Download EA MacdPatternTraderv_patternA